Shandong Nanshan Aluminium Co.,Ltd.’s Net Profit Rose 44.7% in First Quarter of 2022

Shandong Nanshan Aluminium Co.,Ltd. (山东南山铝业股份有限公司) (600219.SH) reported a net profit of 820.5 million yuan in the first quarter of 2022, up 44.7% year-on-year.

Meanwhile, the company posted 8.9 billion yuan in revenue, up 54.4% year-on-year.

At the end of the reporting period, it had 64.7 billion yuan in total assets and 16.4 billion yuan in total liabilities, with a liability-to-asset ratio of 25.4%.